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Nov 5, 2012
11/12
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we hope you have a profitable day. >>> the aftermath of sandy. a week later, millions are still without power in the northeast. long gas lines remain, although they are easing. and government leaders are warning of a housing crisis for those displaced by the storm damage. and after months of campaigning, we're now less than 24 hours until election day. barack obama and mitt romney are in a mad dash seeking every vote. as for the markets, u.s. equity futures are pointing to a lower open after the big reversal on friday. both the dow and nasdaq finished last week in the red. it's money, november 5th, 2012. and "squawk box" begins right flou.
we hope you have a profitable day. >>> the aftermath of sandy. a week later, millions are still without power in the northeast. long gas lines remain, although they are easing. and government leaders are warning of a housing crisis for those displaced by the storm damage. and after months of campaigning, we're now less than 24 hours until election day. barack obama and mitt romney are in a mad dash seeking every vote. as for the markets, u.s. equity futures are pointing to a lower open...
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Nov 9, 2012
11/12
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and allianz says it's not feeling the impact of sandy yet. the insurer reiterates its 2012 targets. >>> priceline has agreed to buy rival kayak for $1.8 billion in cash and stock. the deal comes just months after kayak had it own initial public offering. $40 a share in cash and stock, 29% premium to thursday's closing price and 54% in kayak's listing price. >> winter storm in the u.s. has dumped over a foot of snow over parts of the northeast that were just hammered by super storm sandy. new jersey and new york have been particularly hard hit by the storm. lead to go knock-on effects in neighboring states including massachusetts, connecticut, and rhode island. and also furthering the you power outages that have plagued the area now for several weeks. >> and from today, drivers in new york city have to check their number plates before they pump gas. the mayor says based on license plates ending in odd or even numbers, drivers will be allowed to fill their tanks on alternative days. three quarters of gas stations remain closed due to super stor
and allianz says it's not feeling the impact of sandy yet. the insurer reiterates its 2012 targets. >>> priceline has agreed to buy rival kayak for $1.8 billion in cash and stock. the deal comes just months after kayak had it own initial public offering. $40 a share in cash and stock, 29% premium to thursday's closing price and 54% in kayak's listing price. >> winter storm in the u.s. has dumped over a foot of snow over parts of the northeast that were just hammered by super...
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Dec 7, 2012
12/12
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hurricane sandy, though, still making waves. analysts expect the super storm to dent unemployment figures out later today. we'll review that report when we come back. >>> here are the headlines. u.s. job growth is expected to have slowed significantly in november as hurricane sandy battered the economy. japanese authorities have lifted all tsunami warnings after a 7.3 magnitude quake struck off the northeastern coast. and bundesbank has sharply lowered germany's growth outlook from 1.6 to a mere 0.4%. it's warned of an imminent recession as problems in europe periphery weigh. futures at the moment forecasts a soft start. down 15 at the moment on the dow, nasdaq currently called down 3.8, and s&p 500 around 1.5 points. european stocks are flat really. forgave points for the ftse, xetra dax is up though at it highest level since 2008. up nearly 28% this year. flat on the cac, ibex down two thirds. but hurricane sandy is expected to have put a pretty big accident in the november u.s. jobs report. it's out at 8:30 eastern. nonfarm p
hurricane sandy, though, still making waves. analysts expect the super storm to dent unemployment figures out later today. we'll review that report when we come back. >>> here are the headlines. u.s. job growth is expected to have slowed significantly in november as hurricane sandy battered the economy. japanese authorities have lifted all tsunami warnings after a 7.3 magnitude quake struck off the northeastern coast. and bundesbank has sharply lowered germany's growth outlook from 1.6...
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Oct 25, 2012
10/12
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a category 2 hurricane. >>> hurricane sandy has hit cuba. it slammed into the southeastern part of the island early today with winds of 105 miles an hour. at the same time, national hurricane center has extended a tropical storm warning in florida. joining us from florida, mike seidel from the weather channel. mike, how is this storm going to progress? >> so far so good here. it's moving north at 5. still a category 2 hurricane. they had a wind gust to 114 miles an hour. it's now exiting cuba. we have hurricane warnings for most of of the bahamas. it will go due north, so it will avoid a direct hit here in florida, but we'll have winds ramping up as high as 60 miles an hour. also heavy rainfall and again the best bet is not go in the wear. we have dangerous surf. and that will run through saturday. once the storm rolls by, the winds will blow offshore and then the big concern is where does it end up. we have dueling models. the american model, european model. both take it somewhere between the mid atlantic and as far north as nova scotia. we
a category 2 hurricane. >>> hurricane sandy has hit cuba. it slammed into the southeastern part of the island early today with winds of 105 miles an hour. at the same time, national hurricane center has extended a tropical storm warning in florida. joining us from florida, mike seidel from the weather channel. mike, how is this storm going to progress? >> so far so good here. it's moving north at 5. still a category 2 hurricane. they had a wind gust to 114 miles an hour. it's now...
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Nov 1, 2012
11/12
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hurricane sandy. we'll be back in a minute. we don't call this our company, we call this our mission. green toys teaches children that if i have a milk jug and i stick it in the recycling bin it can turn into something new. chase allows us to buy capital equipment to be able to manufacture in the states to the scale we need to be a global company. with a little luck green toys could be the next great american brand. find what's next for your business at chase.com/mainstreet >>> the eye of hurricane sandy hit the jersey shore hard washing away whole economies in just a short 48-hour period. kayla? >> reporter: well, melissa, tom's river is just across the bay from seaside heights and suffered similar devastation during sandy, you see some of these polls on the docks here on tom's river on the bay. water was higher than that during the storm and a back porch actually detached with a jet ski tied to it and is close to where we're shooting right now. we went through the town and talked to some of the neig
hurricane sandy. we'll be back in a minute. we don't call this our company, we call this our mission. green toys teaches children that if i have a milk jug and i stick it in the recycling bin it can turn into something new. chase allows us to buy capital equipment to be able to manufacture in the states to the scale we need to be a global company. with a little luck green toys could be the next great american brand. find what's next for your business at chase.com/mainstreet >>> the eye...
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Jun 1, 2022
06/22
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this isn't going to be sandy hook this is not going to be sutherland spring. you can go as far backing a the colorado shooting. no, this stops now >> reporter: and amery jo garza, the little girl laid to rest was honored by arizona bronze cross, one of the highest honors in girl scouting and awarded for saving or attempting to save a life at the risk of her own life she was shot when she tried to call 911 the bronze cross presented to her family earlier today there are more funerals throughout the week. tomorrow of the one of the teachers and her husband joe will be laid to rest joe died two days after the shooting of a heart attack but his family believes he died of a broken heart shep. >> valerie castro, live. uvalde, texas. >>> as families burr were loved ones the legal experts discuss who could face legal action. they say families could potentially take action against police or the government even the gun maker cnbc's perry russom lays out possibilities and why cases could be difficult to prove. >> does what investigators call a wrong decision by the polic
this isn't going to be sandy hook this is not going to be sutherland spring. you can go as far backing a the colorado shooting. no, this stops now >> reporter: and amery jo garza, the little girl laid to rest was honored by arizona bronze cross, one of the highest honors in girl scouting and awarded for saving or attempting to save a life at the risk of her own life she was shot when she tried to call 911 the bronze cross presented to her family earlier today there are more funerals...
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Oct 30, 2012
10/12
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sandy won't quit. if you look right here, there is a new belt of showers and thunderstorms that have formed. gusty storms that are affecting that wart of the country. even the north eastern united states on the coast line is in part of the storm. right in through chicago coming in through the great lakes that is where the winds are funneling in from the north. same winds edge of the storm that moved in on the coast line. that is number two. and three of course, we have a lot of air play in through here. let's zero in on west virginia. it is not only snowing there, they have had over two feet around 30 inches of snow. if you look at the video, from west virginia and from the western pan hand handle of mary they have had not only 30 inches of snow, but another foot that is going to come in the next 24 hours. even though the really big punch from sandy is over, there are still more problems to come. when we get to tomorrow night we will finally be able to breathe a sigh of relief. >> todd unbelievable. ou
sandy won't quit. if you look right here, there is a new belt of showers and thunderstorms that have formed. gusty storms that are affecting that wart of the country. even the north eastern united states on the coast line is in part of the storm. right in through chicago coming in through the great lakes that is where the winds are funneling in from the north. same winds edge of the storm that moved in on the coast line. that is number two. and three of course, we have a lot of air play in...
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Nov 29, 2012
11/12
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i called sandy, just so sandy fans, i got the erstimate from y beach property and i was lucky. one house stands, the other goes down. >> tools you need to climb the market's rocky terrain. the mad dash is coming up next. and is austerity measures the way to close the deficit. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why mil
i called sandy, just so sandy fans, i got the erstimate from y beach property and i was lucky. one house stands, the other goes down. >> tools you need to climb the market's rocky terrain. the mad dash is coming up next. and is austerity measures the way to close the deficit. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible...
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Sep 18, 2009
09/09
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it's not inconsistent. >> are we healed, sandy, when you look at different parts of the market. obviously you're talking about near record issue witneance in bonds. pretty close. are there any categories that still stand out as it is not functioning? >> well, in general the high yield markets are very forward looking. as you mentioned, about 230 deals are priced this year for $103 billion or so. so certainly from that perspective it certainly looks like things are healed. however, i think that in general we have to fear the rising rate environment that at some point may come our way. so in terms of today, yes, but you certainly have to look around the corner and anticipate what rising rates might do to the overall credit markets. >> brian, a lot of people talked about the asset backed commercial paper market. i know it's not an area you personally deal in every day. that that is an area still not functioning and might be a big opportunity in terms of fixing it. do you agree? >> yes, there's parts of the market that still represent opportunity, but i think it all depends on your
it's not inconsistent. >> are we healed, sandy, when you look at different parts of the market. obviously you're talking about near record issue witneance in bonds. pretty close. are there any categories that still stand out as it is not functioning? >> well, in general the high yield markets are very forward looking. as you mentioned, about 230 deals are priced this year for $103 billion or so. so certainly from that perspective it certainly looks like things are healed. however, i...
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Nov 5, 2012
11/12
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sandy, what about you? you say regardless of who wins the election, the fiscal cliff would be either downsized or deferred. what does that mean? >> well, i think downsizing is more likely. have you to factor in the hurricane as well because that's going to be a half a percentage point decline as well, coupled with, you need to get that fiscal cliff down to 1% or maybe 0.5%. i think the downsizing has to be pretty substantial. they're either going to have to defer it to the new congress and either a new administration or the existing one, but they've got to get it downsized pretty substantially pretty quickly. and it's going to require, because of that gridlock we're going to have again, a bipartisan concurrence. that's going to be the test in 2013. >> chris, what do you think? how do you want to invest with $1.5 billion under management, how are you allocating money today? >> i think you want to be neutral. i think you want to leave your bets at the doorstep and to take win side of the other is gambling and
sandy, what about you? you say regardless of who wins the election, the fiscal cliff would be either downsized or deferred. what does that mean? >> well, i think downsizing is more likely. have you to factor in the hurricane as well because that's going to be a half a percentage point decline as well, coupled with, you need to get that fiscal cliff down to 1% or maybe 0.5%. i think the downsizing has to be pretty substantial. they're either going to have to defer it to the new congress...
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Oct 29, 2012
10/12
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hurricane sandy. >>> scott, thank you very much. we continue our breaking news coverage. hurricane sandy lashing out at the east coast of the united states. streets are flooding. that's the least of it. beaches eroding. this is the real deal, sue. >> indeed it is, ty. i'm sue herera. welcome to "power lunch." we have reporters and live cameras spanned out from washington, d.c. all the way up to new england. but we're going to start with meteorologist todd gross for an update. >> it is still looking grim. basically the two important things to note about this storm are number one, it is transitioning right now in to an extra tropical storm. non-hurricane. it's doing so with a very deep central pressure. you see that 943 mb? that means it is 943 millibars. sounds technical? it means it is a really deep storm, even for a hurricane, and it is transitioning into a non-hurricane, and yet maintaining its strength. that's one important factor. the other important factor is take a look at the bends that this st
hurricane sandy. >>> scott, thank you very much. we continue our breaking news coverage. hurricane sandy lashing out at the east coast of the united states. streets are flooding. that's the least of it. beaches eroding. this is the real deal, sue. >> indeed it is, ty. i'm sue herera. welcome to "power lunch." we have reporters and live cameras spanned out from washington, d.c. all the way up to new england. but we're going to start with meteorologist todd gross for an...
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Feb 22, 2013
02/13
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he's sandy dejasha. the welcome. >> thanks, kelly. >> first of all, do you believe in this golden cross death cross stuff? >> it's a market technician, so yes, i do believe in technical indicators. the golden cross is looked at by most trend traders. they're looking at an opportunity to position themselves for a move that could last several weeks, several months and in some cases several years. recently, we have seen the market movements coming up with the golden cross and also the death cross. we'll talk about what's happening on gold right now. as you've said, we've recently seen something called a death cross and that occurred yesterday. >> that's what we're looking at on screen here? >> absolutely. we're looking at two moving averages and it's a 50-year period average. and a death cross is when the 50 period moving average crosses below the 200 period moving average. so it's suggesting on a short-term basis at least that gold is probably going to still head lower. now, previously, back in october, i
he's sandy dejasha. the welcome. >> thanks, kelly. >> first of all, do you believe in this golden cross death cross stuff? >> it's a market technician, so yes, i do believe in technical indicators. the golden cross is looked at by most trend traders. they're looking at an opportunity to position themselves for a move that could last several weeks, several months and in some cases several years. recently, we have seen the market movements coming up with the golden cross and...
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Dec 7, 2012
12/12
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you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look, i think
you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one...
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Nov 29, 2012
11/12
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any sense anecdotally or your sense of store traffic as to what sandy's impact was? >> i think it was a drag for most retailers. we heard from kohl's sax, that it was a drag. also the tiffany flagship store represents about 8% of overall sales. so expect to hear the sandy excuse certainly as same store sales roll out and as well from tiffany. >> especially in a year when you expect the push pushes them into the black for the year, actually all the discounting really starting to hurt retailers' bottom lines? >> that's the question. this year discounts were so heavy. so is black friday really turning in to red friday. typically it signifies the beginning of when retailers start making money. but you saw that the promotions were crazy. there were televisions at best buy for under $200. that was a 50% discount. walmart was guaranteeing in stock on ipad 2s giving away a $75 gift certificate. so the question is are they just giving away sales here. >> and that will be something to watch when we he get those figures, too, whether it reflects discounting as much as it does v
any sense anecdotally or your sense of store traffic as to what sandy's impact was? >> i think it was a drag for most retailers. we heard from kohl's sax, that it was a drag. also the tiffany flagship store represents about 8% of overall sales. so expect to hear the sandy excuse certainly as same store sales roll out and as well from tiffany. >> especially in a year when you expect the push pushes them into the black for the year, actually all the discounting really starting to hurt...
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Nov 12, 2012
11/12
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sandy is has estimated to have cost more than $50 billion in damage. president obama is expected to view the recovery efforts on thursday. lk ahead martin's incoming ceo has resigned after he had a close personal relationship with a subordinate. he will now be replaced by huson who will take on the role of acting president and coo. all three major defense contractors have women at the helm. lockheed martin stock flat. >>> and aeg is teaming up with stub hub. aeg is the owner of more than 100 venues worldwide including the staple center los angeles. starting next year, customers shopping for tickets on the service will be able to buy or sell them through stub hub, and online ticket resaler. stub hub charges commissions on each sale and the stock in frankfurt down around a third of a percent. >>> and president obama will be doing a lot of talking about the increase this week. he plans to meet with labor and progressive political leaders tomorrow, business executives on which is and civic leaderses on friday. that's also the day the frommed is scheduled t
sandy is has estimated to have cost more than $50 billion in damage. president obama is expected to view the recovery efforts on thursday. lk ahead martin's incoming ceo has resigned after he had a close personal relationship with a subordinate. he will now be replaced by huson who will take on the role of acting president and coo. all three major defense contractors have women at the helm. lockheed martin stock flat. >>> and aeg is teaming up with stub hub. aeg is the owner of more...
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Aug 24, 2015
08/15
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sandy in ohio. >> caller: booyah. >> booyah. >> caller: i wanted to talk about be aerospace. >> that's a tough one because they didn't have a good last quarter. if you were on that conference call you did not get the confidence you need. that ladies and gentlemen is the conclusion of the lightning round. >> the lightning round is sponsored by t.d.ameritrade. innovating. here and apparently, they also love stickers. what's up with these things, victor? we decided to give ourselves stickers for each feature we release. we read about 10,000 suggestions a week to create features that as traders we'd want to use, like social signals, a tool that uses social media to help with research. 10,000 suggestions. who reads all those? he does. for all the confidence you need. td ameritrade. you got this. >>> am i being too positive when i still suggest that maybe we should stay the course? on a day when the dow plunged more than a thousand points in the morning, exactly how scared should we be? think we need a technical and emotion value view from the founder of option pick.com and he says you shoul
sandy in ohio. >> caller: booyah. >> booyah. >> caller: i wanted to talk about be aerospace. >> that's a tough one because they didn't have a good last quarter. if you were on that conference call you did not get the confidence you need. that ladies and gentlemen is the conclusion of the lightning round. >> the lightning round is sponsored by t.d.ameritrade. innovating. here and apparently, they also love stickers. what's up with these things, victor? we decided to...
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Nov 29, 2012
11/12
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. >> tom, right after sandy, a couple weeks ago or three weeks eeg y ago you were talking about sandy being twice the size of katrina but the wind speeds weren't as much and it wasn't going to affect all state. did you see christie and cuomo? are those real numbers? is that what they'd like to see from the feds or is it worse than what you thought on november 1st? itz's worse than what we thought out. it will cost us 1 billion 75 doll lars. it is a significant event. it's significant flooding. that's not typically konked by us but by the government if you buy their policy. unfortunately very few people buy coverage. so unfort flatly there's a bunch of people whose homes got wrecked and that's what cuomo and christie are seeking. our government has a hit of going back to the state and saying, sorry you didn't buy insurance, here's some money and they'll do it again. they're trying to negotiate as to how much they get. >> allstate's ceo tom wilson. we appreciate your time. >> thank you. >>> when we return, we'll have gene ludwig. he will be our special guest. also at the bottom of the h
. >> tom, right after sandy, a couple weeks ago or three weeks eeg y ago you were talking about sandy being twice the size of katrina but the wind speeds weren't as much and it wasn't going to affect all state. did you see christie and cuomo? are those real numbers? is that what they'd like to see from the feds or is it worse than what you thought on november 1st? itz's worse than what we thought out. it will cost us 1 billion 75 doll lars. it is a significant event. it's significant...
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Nov 21, 2012
11/12
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have you seen more bookings this year post sandy? because other methods of rental cars -- there are just less of them. >> we're seeing about a 15% overall growth in the business for this holiday period versus the same time last year, so yes, there's a lot of contributing factors, but we've seen a significant growth. >> yeah. and, you know, what's the sort of average length of trip, where people are going, how much are they paying? >> well, our footprint really connects people from most of the major city peers in the northeast. most of the trips are probably between three hours to four hours long. and the price of our fare really varies. if you buy early, you get a ticket as low as a dollar on some of our schedules and the price progress as the buses fill up. most of the time, you can get a ticket on our bus for probably about $25 to go between these big cities. >> many spaces left right now, or are you pretty full? >> we're pretty full. the wednesday before thanksgiving is probably our busiest travel day for the entire year. we have
have you seen more bookings this year post sandy? because other methods of rental cars -- there are just less of them. >> we're seeing about a 15% overall growth in the business for this holiday period versus the same time last year, so yes, there's a lot of contributing factors, but we've seen a significant growth. >> yeah. and, you know, what's the sort of average length of trip, where people are going, how much are they paying? >> well, our footprint really connects people...
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Dec 5, 2012
12/12
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the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's start with bigger of the two deals. freeport's purchase of plains. approximately $6.9 billion in total now. it's a cash and stock deal. .6531 shares and 39 bucks a share in cash. that adds up to $50 a share. that's a fairly significant premium when we look at
the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal....
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0.0
Oct 12, 2022
10/22
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sandy, a couple of picks here. our viewers want to know what to do, a palomar technologies is a pool copper. you think these are immune to uk, immune to higher rates, immune to inflation. >> i like both of them palomar got downgraded by kbw this morning it's off a little bit. and that probably sets up as a pretty good opportunity to buy it and pool is just kind of confused, people think it's a bit of a housing stock, even though 80% of their revenue is just the boring swimming pools two that i would buy right here. >> sandy, peter, gentlemen, good conversation appreciate it. thank you. >>> now let's talk oil opec and global geopolitics. oil right now is a bit lower, down about 2.5%. this after opec actually cut its forecast for global demand growth this year for the fourth time since april but while this is a cut, keep in mind, this is a cut to growth estimates. opec still sees demand growing overall, but only by 2.6 million barrels per day. that's 460,000 barrels fewer than the previous forecast as for next year,
sandy, a couple of picks here. our viewers want to know what to do, a palomar technologies is a pool copper. you think these are immune to uk, immune to higher rates, immune to inflation. >> i like both of them palomar got downgraded by kbw this morning it's off a little bit. and that probably sets up as a pretty good opportunity to buy it and pool is just kind of confused, people think it's a bit of a housing stock, even though 80% of their revenue is just the boring swimming pools two...
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Apr 20, 2022
04/22
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sandy, it's good to see you again. has the main head wind for small caps been that the defensive positioning is what's mostly been working in this market? >> that's exactly right. as rates go up and they're going to continue to, right, the fed has talked about 50 basis points probably more in may and in june and july as that happens it's a bit of a head wind. historically if you look over the last six rate height cycles, small caps averaged 17% from the first hike we think it is an opportunity to take advantage of let's call it beaten up sectors like technology or even look at the vanguard growth even on a large cap standpoint up about -- down about 14% year to date with vanguard value up about 2% that's 16% delta i just think it's time to play a little offense and it's a stock picker's market. stocks follow earnings we're going to find the companies that can do well look at netflix today. it's bringing down the market, but it's a stock picker's market you've got to be on the right companies. >> it's weird. you think i
sandy, it's good to see you again. has the main head wind for small caps been that the defensive positioning is what's mostly been working in this market? >> that's exactly right. as rates go up and they're going to continue to, right, the fed has talked about 50 basis points probably more in may and in june and july as that happens it's a bit of a head wind. historically if you look over the last six rate height cycles, small caps averaged 17% from the first hike we think it is an...
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Nov 8, 2012
11/12
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about an october surprise, hurricane sandy, super storm sandy, perhaps filling that role this year. but in china, a similar surprise in the emergence of the figure here who is now if anything seen as orchestrating perhaps a transition that will be less reformist and how do you expect that to comply indicate u.s. china relations from here? >> in terms of the chinese equivalent of the october surprise, i would actually argue that they've had surprise after surprise after surprise throughout the year. we have to remember the earlier stories about the possible senior position on the standing committee, their leadership. and of course given the events earlier this year vis-a-vis his wife allegedly killing a british businessman, the level of corruption, he was dismissed from the party and is now jailed. so there's been quite a few surprises in what is normally a very well structured process into the chinese transition. in terms of the u.s. china rlgs ship, in a broad sense, i don't anticipate much of a change. the interconnectedness between the u.s. and china is so great that neither coun
about an october surprise, hurricane sandy, super storm sandy, perhaps filling that role this year. but in china, a similar surprise in the emergence of the figure here who is now if anything seen as orchestrating perhaps a transition that will be less reformist and how do you expect that to comply indicate u.s. china relations from here? >> in terms of the chinese equivalent of the october surprise, i would actually argue that they've had surprise after surprise after surprise throughout...
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Oct 17, 2012
10/12
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we've heard sandy wile say he's not sure it's the way to go. is this bank going to shrink? >> it's certainly going to shrink. the new ceo, his job was getting rid of all the junk that citigroup had acquired. so he certainly is in the get smaller mentality. i think what you're seeing here, though, is, the fact that o'neill is now picking his guy to run this, is that there's a realization that some of these banks are not only too big to fail, but also too big to manage. and definitely smaller is in vogue right now. i think this does introduce a lot of strategic things that maybe weren't on the table under vikram, who was very quick to embrace citigroup's existing model. >> what's the next thing to watch for now? >> i don't know, that's a good question. i think there are likely to be a number of other -- a lot of speculation about senior people resigning, like mora, who runs the u.s. and latin america retail bank. jamie farice, both of them have been approached, we've heard, about taking john haven's job, which is president and c.o.o. >> the stock closed up in the end of tradi
we've heard sandy wile say he's not sure it's the way to go. is this bank going to shrink? >> it's certainly going to shrink. the new ceo, his job was getting rid of all the junk that citigroup had acquired. so he certainly is in the get smaller mentality. i think what you're seeing here, though, is, the fact that o'neill is now picking his guy to run this, is that there's a realization that some of these banks are not only too big to fail, but also too big to manage. and definitely...
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Oct 30, 2012
10/12
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sandy still packing a punch. more than 7 million people currently without power from north carolina through connecticut. there are more than 2 million people in new jersey alone without power today. we'll get an update on the you power situation in new jersey with the president of pse&g, they have 1.2 million customers without pow person by the way, the president is just declaring a state of emergency in new york city. this is something that will free up more federal funds for people here in long island and in new york city and we will have more on that in just a moment. also coming up in the next half hour, we have delaware governor jack markell. we'll get his assessment of the damage to his state and dennis gartman will talk energy and commodity trading. >> lots of damage to report in the new york city area, more than 50 homes were destroyed by fire last night in breezy point queens. just east of cone any islands, more than 170 firefighters were on the scene. and separately more than 200 patients were evacuated
sandy still packing a punch. more than 7 million people currently without power from north carolina through connecticut. there are more than 2 million people in new jersey alone without power today. we'll get an update on the you power situation in new jersey with the president of pse&g, they have 1.2 million customers without pow person by the way, the president is just declaring a state of emergency in new york city. this is something that will free up more federal funds for people here...
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Oct 29, 2012
10/12
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>> no, we better talk sandy i think. >> okay. sandy effect on the vote is entirely speculative. there are a lot of people yakking about it, but mostly making stuff up. i'll go to a couple things. first of all, obama is believed to have a somewhat more extensive ground game, he has more people on the ground. so in theory, he has more to disrupt. the president's schedule has him doing more events that will have to be canceled than romney. on the other hand, because romney is down a field goal and needs something to happen, the idea that sandy could flereeze things in place for a few days is not necessarily good for him because he had momentum after the first debate. the momentum seems to have died out. it's left him in a very competitive position. he could win the election. but he may need a little bit of push by the end. and then the other thing that people talk about is the idea that president obama can showrd shal leadership and he's helping people, using fema and other tools of the administration. i'm kind of skeptical of that because i think people understand that that's a pr
>> no, we better talk sandy i think. >> okay. sandy effect on the vote is entirely speculative. there are a lot of people yakking about it, but mostly making stuff up. i'll go to a couple things. first of all, obama is believed to have a somewhat more extensive ground game, he has more people on the ground. so in theory, he has more to disrupt. the president's schedule has him doing more events that will have to be canceled than romney. on the other hand, because romney is down a...
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Oct 13, 2022
10/22
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. >> our assessment right before sandy was 1.6 billion, with a b. instantly sandy came in late october and the damage was obviously horrific and our assessment went down approximately 30% to 33%. >> reporter: they rebuilt using government grants but it may be on borrowed time. >> if there were to be another one here, i think a lot of people would leave and not come back >> we've all seen the pictures from florida but we're also seeing homes fall into the ocean in north carolina. no storm, just high tide sea levels are projected to rise by a foot in the next 30 years, about as much as they did in the past century and all that tax revenue could be lost right when it's needed most, to build protections like sea walls or flood gates. >> so, it seems like government keeps coming in and funding all of these reconstruction efforts on the coasts, like even here in the northeast after hurricane sandy. i was a part of that we saw some damage to our area where i live where people just put up fancier houses instead how does that actually hurt the tax base if th
. >> our assessment right before sandy was 1.6 billion, with a b. instantly sandy came in late october and the damage was obviously horrific and our assessment went down approximately 30% to 33%. >> reporter: they rebuilt using government grants but it may be on borrowed time. >> if there were to be another one here, i think a lot of people would leave and not come back >> we've all seen the pictures from florida but we're also seeing homes fall into the ocean in north...
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Nov 5, 2012
11/12
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. >> recovery from sandy continues. manhattan gets power back and most subway service is restored although millions in the region have no power or heat with tens of thousands this morning homeless. >> we'll begin with a big week for the market. first up tomorrow's presidential election in this country. polls show the race between barack obama and gop challenger mitt romney to be a dead heat. on wednesday the greek parliament is due to vote on a package of austerity measures and then china's congress convenes for once in a decade leadership change. that's not evening mentioning ecb. there's been some that have said this is potentially the highest concentration of risk of the entire year. >> i heard this. it's embarrassing to hear. what's happened the whole time is there are managements that have made money during this period and managements that have failed and models that have made money and models that have failed. i spent a lot of time this weekend going over the last five years of stocks. what i find is that you have
. >> recovery from sandy continues. manhattan gets power back and most subway service is restored although millions in the region have no power or heat with tens of thousands this morning homeless. >> we'll begin with a big week for the market. first up tomorrow's presidential election in this country. polls show the race between barack obama and gop challenger mitt romney to be a dead heat. on wednesday the greek parliament is due to vote on a package of austerity measures and then...
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Jun 29, 2015
06/15
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sandy. ♪ meet chris jackie joe. minor damage, or major disaster, when you need us most, we're there. state farm. we're a force of nature, too. ♪ we're a force of nature, too. seven out of ten power outages in the us are caused by weather. but utilities can now predict where the power will go out, within a few city blocks. working with ibm, they're combining micro weather forecasts with detailed data from local sensors. to predict where outages are likely to occur. and send crews exactly where they're needed, when they're needed. ibm analytics from the internet of things is making energy smarter every day. >>> a ton of action as we approach the close. a lot of red on the map. >> a deeper color of red. we came back slightly from where we were. wall street didn't fall out of bed. as you can see there are heavy losses. the greeks woke up to find their banks were closed basically for the week until they go through the referendum of sunday. big question what will the referendum say? it got riskier to hold eurozone banks
sandy. ♪ meet chris jackie joe. minor damage, or major disaster, when you need us most, we're there. state farm. we're a force of nature, too. ♪ we're a force of nature, too. seven out of ten power outages in the us are caused by weather. but utilities can now predict where the power will go out, within a few city blocks. working with ibm, they're combining micro weather forecasts with detailed data from local sensors. to predict where outages are likely to occur. and send crews exactly...
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Dec 3, 2012
12/12
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how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's where you have to look, to see what the trend was beforehand. >> okay. now europe. you know, there was a little bit of a -- a confusion this morning when spain asked for a bailout. they're talking bank bailout, country bailout, new program. rates are down. i've seen many stories, if this is really going to be a positive rates being down, we have to really draw in more global investors. do you think that will happen ultimately? >> ultimately, i do think it will. any time europe gets pushed to the background, i'm kind of pleased. as long as their banking system isn't going to affect ours, i think we can
how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's...
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Feb 7, 2013
02/13
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i think the problem is, that if you look at what sandy had to say and i have a lot of respect for sandy, but i think that if you followed sandy's path and you broke up the banks in some fashion or other, as he's describing, the risk isn't going to go away. the systemic risk, the too big to fail risk will move from one place to another place. for example, if you could curtail what the banks can do in terms of trading, it isn't that the trading is going to go away. you have a large global economy that needs those activities but they'll go to other platforms. i think the real question is, are there ways to deal with the risk? and there's dodd-frank on the totality, there's basel iii. it's interesting, basel iii which are higher capital requ e requirements, regulators are backing off because they're afraid they're going to restrict lending. tim geithner probably had the best answer at all when he said the answer to systemic risk which is what you're talking about, too big to fail, is capital, capital, capital. the problem is, as basel iii people are finding right now, when you increase your
i think the problem is, that if you look at what sandy had to say and i have a lot of respect for sandy, but i think that if you followed sandy's path and you broke up the banks in some fashion or other, as he's describing, the risk isn't going to go away. the systemic risk, the too big to fail risk will move from one place to another place. for example, if you could curtail what the banks can do in terms of trading, it isn't that the trading is going to go away. you have a large global economy...
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Dec 8, 2022
12/22
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we had hurricane sandy, and sandy's always going to be concerning, but that doesn't mean that it should be front and center i want to know how it's possible to have a view of the recession, given the fact that your bank is more solvent than it's ever been and therefore it should be able to help make it so that whatever happens, a slowdown, is muted. but more important, these people do not recognize their power and i see, in here, more people who say, you know what i'm not going to do what i was going to do, because i heard jamie dimon. now, if that's -- because people have very little trust in politicians. all democrats say the economy's great. all republicans say the economy's awful. so, we can't trust them at all they're the guys who you really can't trust. so, we look for these neutral figures of banks, and we want to hear, well, look, how is your -- does your consumer have more money in the bank than before? is your consumer leveraged what's your situation with jobs? these are -- i want empirical, not rhetoric, okay i want empirical, not anecdotal. and i don't want to hear that, you
we had hurricane sandy, and sandy's always going to be concerning, but that doesn't mean that it should be front and center i want to know how it's possible to have a view of the recession, given the fact that your bank is more solvent than it's ever been and therefore it should be able to help make it so that whatever happens, a slowdown, is muted. but more important, these people do not recognize their power and i see, in here, more people who say, you know what i'm not going to do what i was...
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Nov 8, 2012
11/12
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they talked about sandy and problems. this is a big theme. >> talking to paul jacobs after the bell. >> if there is hope for today, it is going to come from qualcomm and unmitigatingly positive conference call filled with great things of 4g and china strong and demand for smartphones off the chart. no more supply constraints. the ceo can make a difference today with tech. he might. this was an amazing call. >> trying to tamp down some of the concerns about a shortage of chips. >> oh my. data demand continues to grow. amazing spewing of cash here and whole foods spewing cash and talking about really things playing out globally in a way that is such a -- this is a gloom buster. we talked about door busters. if you read this, you think, a-ha. this is a place that's growing in this country. and in the world. and it's smartphones. >> yesterday you stood here and you said the easiest call to make if you were at goldman still to tell a client to trim. >> yeah. >> what's the tone today? >> they did that. today's the second day re
they talked about sandy and problems. this is a big theme. >> talking to paul jacobs after the bell. >> if there is hope for today, it is going to come from qualcomm and unmitigatingly positive conference call filled with great things of 4g and china strong and demand for smartphones off the chart. no more supply constraints. the ceo can make a difference today with tech. he might. this was an amazing call. >> trying to tamp down some of the concerns about a shortage of chips....
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Dec 6, 2012
12/12
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we got the big distortions from san sandy. slowly working through that. so i think if there's an outlier, investors will yawn and wait for the big nonfarm payroll report tomorrow. >> are we comfortable mf-i don't know how comfortable we are. consumers seem to be in better fettl eflt. >> in spite of this anemic job growth that we've had during the entire jobless recovery, it seems like consumers sense the -- their balance sheets have improved pretty dramatically. so, yeah, consumers -- and that's led to consumers spending slightly more than what experts thought they would spend. >> so you're overweight large cap versus small cap. why? >> the large cap u.s. multinationals, they typically have overseas subsidiaries that can reach into the emerging pockets of growth. i like the dividends payers, as well, because in these choppy markets which we'll continue to have get nice dividends. >> all right much ha. . have a good day. that's it for today's program. "squawk box" it is next. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life exp
we got the big distortions from san sandy. slowly working through that. so i think if there's an outlier, investors will yawn and wait for the big nonfarm payroll report tomorrow. >> are we comfortable mf-i don't know how comfortable we are. consumers seem to be in better fettl eflt. >> in spite of this anemic job growth that we've had during the entire jobless recovery, it seems like consumers sense the -- their balance sheets have improved pretty dramatically. so, yeah, consumers...
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Nov 9, 2012
11/12
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i'm going to ask him about sandy. how are the losses of sandy? initially he said things aren't that bad. and about the resurrection of a company that had been left for dead, done by this man, and i think he's a hero of our country. >> army lieutenant in the vietnam war. >> korean. i think he deserves and commands respect. we'll give it to him. and we also have the west point investment club. >> i can't wait for that. let's get to rick and get sentiment numbers. >> holy cow! 84.9. 84.9! why a holy cow? because 82.6, the last look we had was the highest since of fall of '07. 84.9 pushes the envelope to -- going back to july of '07 when it was 90.4. but, caution, asterisk. this is a preliminary november read. all the historical comps i'm talking about are the final reads. it doesn't diminish the fact this is powerful. is this reflecting anxieties, post-election on the fiscal cliff? probably not. anybody who doesn't think there's anxieties there, just pull out your s&p chart. we still have wholesale inventories in about five minutes. back to you. >>
i'm going to ask him about sandy. how are the losses of sandy? initially he said things aren't that bad. and about the resurrection of a company that had been left for dead, done by this man, and i think he's a hero of our country. >> army lieutenant in the vietnam war. >> korean. i think he deserves and commands respect. we'll give it to him. and we also have the west point investment club. >> i can't wait for that. let's get to rick and get sentiment numbers. >> holy...
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Nov 13, 2012
11/12
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impact of hurricane sandy in the u.s., reduced, as well. crude oil supply dipped to a nine month low. so the demand being cut, patrick armstrong is where us, managing partner at investment managers. but that's clearly because of global weakness -- well, economic weakness in europe and hurricane impact. >> definitely. year over year, oil demand is up. we've had very weak economy in europe. not much growth in the united states. but i think that's the trend we'll be playing out for the next few years. >> oil 110 at the moment. is that a fair price? >> there's premium built in because of geopolitical risks. i think premium is probably justifiable. you look at wti at $23 discount to where breptd is. that's not sustainable in the long time, but given inventory levels, that will stay. >> do you keep your trade on oil? >> we have neutral position, but we're short the front month. respe respect. we make money by rolling the contracts the other way around. we're long oil in the 12 months forward rolling in to the 13th month and we end up with little
impact of hurricane sandy in the u.s., reduced, as well. crude oil supply dipped to a nine month low. so the demand being cut, patrick armstrong is where us, managing partner at investment managers. but that's clearly because of global weakness -- well, economic weakness in europe and hurricane impact. >> definitely. year over year, oil demand is up. we've had very weak economy in europe. not much growth in the united states. but i think that's the trend we'll be playing out for the next...
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Aug 6, 2015
08/15
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thank you, maya and sandy. appreciate it. good luck. godspeed. >> thank you. >> coming up, media stocks slammed over court cutting concerns. we'll talk to david bank next. new numbers on july layoffs. perhaps giving an early read on tomorrow's employment report. bill ackman taking a snacktivist stake. we'll talk to an analyst about that as well. a number. ery auto insurances but not every insurance company understands the life behind it. those who have served our nation. have earned the very best service in return. ♪ usaa. we know what it means to serve. get an auto insurance quote and see why 92% of our members plan to stay for life. >>> cbs reporting after the bell the company posting adjusted earnings of 74 cents a share, 2 cents above estimates. revenue also beat and listen to this, cbs announcing the price for a 30-second super bowl ad this year, 5, starts with an "f," not four, $5 million up a half a million dollars of last year's rates. the ads will stream on-line at the same time they air on tv. guess deflategate isn't going t
thank you, maya and sandy. appreciate it. good luck. godspeed. >> thank you. >> coming up, media stocks slammed over court cutting concerns. we'll talk to david bank next. new numbers on july layoffs. perhaps giving an early read on tomorrow's employment report. bill ackman taking a snacktivist stake. we'll talk to an analyst about that as well. a number. ery auto insurances but not every insurance company understands the life behind it. those who have served our nation. have earned...
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Jan 6, 2016
01/16
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sandy, pick up on that. >> we really like the smaller cap names. going back the last two years, there's been pretty dramatic underperformance. small caps at about 2.2 times book value. i think there's a lot of names that have been beaten up unfairly. >>> just over an hour until the close. the dow sitting at session lows. "power lunch" returns in two minutes. here at the td ameritrade trader group, they work all the time. sup jj, working hard? working 24/7 on mobile trader, rated #1 trading app on the app store. it lets you trade stocks, options, futures... even advanced orders. and it offers more charts than a lot of other competitors do on desktop. you work so late. i guess you don't see your family very much? i see them all the time. did you finish your derivatives pricing model, honey? td ameritrade. checking out the listing on zillyeah, i like it. this place has a great backyard. i can't believe we're finally doing this. all of this... stacey, benjamin... this is daniel. you're not just looking for a house. you're looking for a place for your l
sandy, pick up on that. >> we really like the smaller cap names. going back the last two years, there's been pretty dramatic underperformance. small caps at about 2.2 times book value. i think there's a lot of names that have been beaten up unfairly. >>> just over an hour until the close. the dow sitting at session lows. "power lunch" returns in two minutes. here at the td ameritrade trader group, they work all the time. sup jj, working hard? working 24/7 on mobile...
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Oct 19, 2015
10/15
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thank you very much, tim, sandy 37 you can check out more investing tips from tim and sandy on powerlunch.cnbc.com including what to avoid right now, which as you say, ty, is just as important as what to like. >>> new rules for anyone planning to buy and operate a drone. we will tell you what they are. and the defense sector holding up over the past year up 7%. lockheed martin kicking off earnings tomorrow. will that trend continue. we'll examine after this short break. break. break. >>> welcome back to "power lunch." i'm mandy drury. the fcc investigating at&t, century link, verizon and frontier over alleged anti-competitive practices. >>> a u.s. jury in federal court ordering apple to pay more than $234 million to university of wisconsin's patent licensing arm. this is for patent infringement on microchip technology used in some iphones and ipads. >>> and ibm in advanced talks to buy the weather channel digital assets. the company is owned by nbc universal and two private equity firms. ibm is down by 0.9%. let's get a market flash now with dom chu. >> shares of abercrombie & fitch are hitting lo
thank you very much, tim, sandy 37 you can check out more investing tips from tim and sandy on powerlunch.cnbc.com including what to avoid right now, which as you say, ty, is just as important as what to like. >>> new rules for anyone planning to buy and operate a drone. we will tell you what they are. and the defense sector holding up over the past year up 7%. lockheed martin kicking off earnings tomorrow. will that trend continue. we'll examine after this short break. break. break....
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Nov 6, 2012
11/12
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and hanover beating forecasts saying it will be able to absorb damage claims from sandy without effecting its annual disaster budget. on the currency markets, aussie dollar 1.0423. rba keeping rates steady. dollar-yen slightly weaker, but still above 80. euro-dollar out of the 1.28 range that we've been trading in. that's where we stand on the european trade. on the day of the u.s. elections, let's get over to singapore. >> asian markets finished on a mixed note. the shanghai composite recouped early losses to close down by 0.4%. developers took a beating after data showed housing prices in the small business hub dropped 16% on on year. but shale gas producers surged on a new subsidy program. concerns over money laundering charges with the hsbc. nikkei finished lower as a stronger yen hurt exporters. nissan lost 2% ahead of earnings after morgan stanley slashed its price target. after the bell, the carmaker cut its full year forecasts as sales tumbled in china. the kospi ended higher by 1%. carmakers staged a rebound after yesterday's plunge. hyundai rallied over 4%. kia gained 1.6%.asx 2
and hanover beating forecasts saying it will be able to absorb damage claims from sandy without effecting its annual disaster budget. on the currency markets, aussie dollar 1.0423. rba keeping rates steady. dollar-yen slightly weaker, but still above 80. euro-dollar out of the 1.28 range that we've been trading in. that's where we stand on the european trade. on the day of the u.s. elections, let's get over to singapore. >> asian markets finished on a mixed note. the shanghai composite...
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Nov 13, 2012
11/12
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this is a company that's now past the sandy cliff and is going to start benefiting from it. i find cliffs everywhere. and this is a good company that did great. >> i want to hear from you on jcpenney, cramer. he's very good. i thought, you know what? if he's got enough time, maybe it works. i don't know as you're bleeding. >> you have to look at it on a consolidated basis. 89% of it is hideous and terrible. 11% as we learned from andrew ross sorkin today is terrific. if you look at consolidated, it means it's fabulous, doesn't it? >> could it be? >> remember at our conference last summer? july, i had ackman on a panel. articulate. gave a real case. was totally behind mr. johnson and his strategy and the stock soared from there over the next couple of months only to collapse over the last few weeks. i don't know. i preferred andrew's piece. 11% versus 89%. what do they have left in cash? a billion dollars? >> about half a billion right now. may go up after the holidays. >> george mcgovern was really behind -- he was behind him 1,000%. i'm sure that ackman is behind johnson 1,
this is a company that's now past the sandy cliff and is going to start benefiting from it. i find cliffs everywhere. and this is a good company that did great. >> i want to hear from you on jcpenney, cramer. he's very good. i thought, you know what? if he's got enough time, maybe it works. i don't know as you're bleeding. >> you have to look at it on a consolidated basis. 89% of it is hideous and terrible. 11% as we learned from andrew ross sorkin today is terrific. if you look at...
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Mar 20, 2014
03/14
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now for the cupcake side of things, sandy. bring us in with flowers bakery. >> when you think of spring, you think of flowers, but i'm not talking about tulips, i'm talking about flowers foods. the second largest bakery in the country. the largest bread brand in the country, nature's own, which they took to about $1.10 billion. they just made in last july an acquisition of the hostess brands out of bankruptcy. so now they've got things like wonder bread, they've got 20 different bakeries, 26 different warehouse depots. i think this is going to do really well as their margins start to stabilize and improve as they digest this acquisition. reiterated guidance. like this one a lot, looking forward top >> okay, robert, talk to us about a very hotly debated name, at least among our show team, which is twitter. you better make the case for twitter solid, because some of us have been a little bit concerned about the company's growth prospects, given corporate america's maybe nervousness about the company itself. >> right. yeah, brian
now for the cupcake side of things, sandy. bring us in with flowers bakery. >> when you think of spring, you think of flowers, but i'm not talking about tulips, i'm talking about flowers foods. the second largest bakery in the country. the largest bread brand in the country, nature's own, which they took to about $1.10 billion. they just made in last july an acquisition of the hostess brands out of bankruptcy. so now they've got things like wonder bread, they've got 20 different bakeries,...
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Nov 8, 2012
11/12
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there was snow, but nothing like sandy. we'll ask what it means for the energy market and consumers when we return. >>> the east coast got hit by another storm yesterday. while gas lines have eased up from hurricane sandy, motorists are still having trouble getting fuel in the hardest hit as you build a retail station, you could build in the wiring. all in all, while it's an expense, you can build it in to the base of the business if that's a standard for everybody. but if you don't make it a standard for everybody, then only a few will go out and do it and it won't help anything. >> sounds like regulation. but then i heard that there was regulation -- >> what's the cost, though? what's the pre-cost wire? >> you're probably less than $10,000 if you include the generator said. so it's not a huge cost, but this is a marginal business. >> we talked to the guy who represents the convenience stores that sell something like 75% or 80% of all the gasoline in this country and he said most of those convenience stores really make pen
there was snow, but nothing like sandy. we'll ask what it means for the energy market and consumers when we return. >>> the east coast got hit by another storm yesterday. while gas lines have eased up from hurricane sandy, motorists are still having trouble getting fuel in the hardest hit as you build a retail station, you could build in the wiring. all in all, while it's an expense, you can build it in to the base of the business if that's a standard for everybody. but if you don't...
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Apr 2, 2020
04/20
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is partner and portfolio manager -- they join me now not a ton of time, so sandy, where do you think investors are safe putting capital to work these days >> names like clorox and defensive names have been picked overment i'd ra i'd rather go with strong growth names that are trading at reasonable prices and put money to work in those names >> so some examples might be >> we love a economy called e health a company called teleflex. very strong balance sheet. they make ventilators. this particular moment and pure play medical device company and we love a company called sterus that's going to do pretty well looking au ining at the next tw three e years. >> would you be looking at health care? >> absolutely. i think health care fits into a hybrid bucket of both growth and defensive play even with health care being the best performer since we reached the peak of the market to this decline. long-term secular growth, i would also add -- peaked at over 85%. we think this is the time to be very selective >> any one example you could give in term of communication services >> communication ser
is partner and portfolio manager -- they join me now not a ton of time, so sandy, where do you think investors are safe putting capital to work these days >> names like clorox and defensive names have been picked overment i'd ra i'd rather go with strong growth names that are trading at reasonable prices and put money to work in those names >> so some examples might be >> we love a economy called e health a company called teleflex. very strong balance sheet. they make...
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Jan 4, 2013
01/13
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senate hopes to approve an initial aide package for hurricane sandy victims today. this after new jersey governor chris christie blasted fellow republicans in the house for failing to hold a vote earlier this week. our next guest says the outrage in new york and new jersey contributes far more in federal tax dollars than they get back. joining us for more, joe wiesenhall. patrick o'keefe is with us, as well. thank you for joining us in 2013. we're fresh, we're new. >> thank you for having me. >> is that just the way you work in a federal environment? the richer states have to subsidize the poorer? >> it's great. it's a working system. it's a good thing. it's a good thing in our system that we have rich states constantly transferring money to the poorer states. it is a mechanism that makes the federal system work. it's why we haven't had a series of state debt crises. it's why we don't have a big problem like the eurozone and it's good. but then as chris christie pointed out, when there are times when a rich state is in trouble, such as after hurricane sandy and then
senate hopes to approve an initial aide package for hurricane sandy victims today. this after new jersey governor chris christie blasted fellow republicans in the house for failing to hold a vote earlier this week. our next guest says the outrage in new york and new jersey contributes far more in federal tax dollars than they get back. joining us for more, joe wiesenhall. patrick o'keefe is with us, as well. thank you for joining us in 2013. we're fresh, we're new. >> thank you for having...
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68
Jan 10, 2017
01/17
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we'll break it down with moody's mark sandy ahead. >> and the company eo of elf an chairman of soda stream will join us straight ahead. it's tuesday, january 10, 2017, you're watching "worldwide exchange" on cnbc. ♪ >>> very good morning. warm welcome to "worldwide exchange" on cnbc. i'm wilfred frost at cnbc headquart headquarters. >> i'm sara eisen in warm and sunny orlando, florida. i'm at the icr conference where all the ceos from america's consumer companies gather every we're. this year a lot has changed. since the election, some restaurants are up double digits, consumer sentiment has spiked, but is there change in consumer spending and behavior? we heard some negative preannouncements from some big department stores when it comes to holiday spending. was that the prevailing view? these are all questions front and center here at this conference. we'll talk to the ceos of elf and soda stream. later in the market ceos of lululemon, and a fast food roundtable. a lot to talk about heading into the new administration with the nug grags t inauguration ten days away. >> let's look at mar
we'll break it down with moody's mark sandy ahead. >> and the company eo of elf an chairman of soda stream will join us straight ahead. it's tuesday, january 10, 2017, you're watching "worldwide exchange" on cnbc. ♪ >>> very good morning. warm welcome to "worldwide exchange" on cnbc. i'm wilfred frost at cnbc headquart headquarters. >> i'm sara eisen in warm and sunny orlando, florida. i'm at the icr conference where all the ceos from america's...
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Dec 18, 2012
12/12
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it's slightly struggling with the news at the moment regarding sandy. but what we tend to find is prices tend to firm up next year. the other area i do quite like is we have consumer cyclical areas. probably had a tough consumer environment and maybe a tough oil input environment, as well. i think carna is a business that we can absolutely replicate. i think that's an interesting area for us to look at. and also, we have to challenge ourselves in general retail. it has had a slight run, but general retail looks slightly depressed. and if they can do anything with the margin, then you have a huge sales line that can flow dramatically. >> and it's interesting. i want to bring valentine in, as well. he's within from ing out of amsterdam. would you agree that we talked about stocks looking generally attractive. is it going to be a stock picker's market for once? >> let's hope so for our industry. i'll not sure about it, however. i think we are still seeing very much, just remember what happened yesterday in the uk markets. these markets are very sensitive t
it's slightly struggling with the news at the moment regarding sandy. but what we tend to find is prices tend to firm up next year. the other area i do quite like is we have consumer cyclical areas. probably had a tough consumer environment and maybe a tough oil input environment, as well. i think carna is a business that we can absolutely replicate. i think that's an interesting area for us to look at. and also, we have to challenge ourselves in general retail. it has had a slight run, but...
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20
Apr 12, 2022
04/22
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CNBC
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eye 20
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from schools in columbine, sandy hook in virginia to music festivals in las vegas to nightclubs in orlando to movie theaters and yoga classes, these killers have used weapons of mass destruction to massacre innocent people. they control no armies or military forces yet these individual killers terrorize our nation i have often said that this city is not going to adapt too dysfunction. ending gun violence means changing gun laws. we cannot clean up a flood when the water is still pouring into the basement we can never stop the killing if we cannot stop the guns. to be clear, we will not surrender our city to the violent feud the sea of violence comes from many rivers. we must dam every river. this is my life, this administration and this police department we are not stopping until the peace we deserve becomes the reality. you have my word as a fellow new yorker and mayor that we will end this epidemic and we will capture the individual responsible for today's attack we will capture him and prosecute him to the full extent of the law thank you nypd, fdny, first responders, collaboration from
from schools in columbine, sandy hook in virginia to music festivals in las vegas to nightclubs in orlando to movie theaters and yoga classes, these killers have used weapons of mass destruction to massacre innocent people. they control no armies or military forces yet these individual killers terrorize our nation i have often said that this city is not going to adapt too dysfunction. ending gun violence means changing gun laws. we cannot clean up a flood when the water is still pouring into...
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102
Apr 10, 2013
04/13
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eye 102
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what's the ongoing fallout from sandy? >> i think in certain sectors of the insurance market it has so in the united states it has certainly firmed a little. some of the other sectors which we cover geographically which were affected deeply in 2011 also hardened but the general picture in premium rates for general insurance is relatively subdued and the reason for that is that with interest rates very low, investment return very low, the insurance market is attracting capital and that is keeping a fairly subdued picture for premium rates. >> i was going to ask you what happened with capacity and capital. >> as i speak there is no shortage of capacity to put it bluntly. on the other hand i think we have to be very careful that in the kind of insurance that lloyd's writes, which is specialists, it's b to b and catastrophe related. you get a great deal of volatility. 2011 was one of our worst ever years. second worst ever year. we paid out over 20 billion in claims that year. and then as you say 2012 we weren't cap free. we h
what's the ongoing fallout from sandy? >> i think in certain sectors of the insurance market it has so in the united states it has certainly firmed a little. some of the other sectors which we cover geographically which were affected deeply in 2011 also hardened but the general picture in premium rates for general insurance is relatively subdued and the reason for that is that with interest rates very low, investment return very low, the insurance market is attracting capital and that is...